Crypto News
Algeria Bans All Crypto Activities, Including Ownership and Mining
Violations of the new law could incur prison sentences of up to a year, and thousands of dollars in fines.Source link
NEAR Protocol Surges on Institutional Buying, Recovers 8% from Key Support Zone
NEAR Protocol demonstrated formidable resilience during the July 30-31 trading session, recovering sharply from mid-session lows of $2.52 to close at $2.73. The bounce—amounting to an 8.27% rebound—coincided with high-volume activity, particularly among corporate trading desks and institutional asset managers. Analysts interpret this as a sign of strategic accumulation, likely driven by growing confidence in NEAR's enterprise blockchain ambitions.Institutional activity was most evident on July 30 between 18:00 and 19:00, when NEAR experienced a steep drop from $2.68 to $2.52 on a volume spike exceeding 9.60 million shares. This selloff defined a critical accumulation zone. From that base, NEAR steadily recovered through the overnight session, with corporate traders defending the $2.52 support level and methodically accumulating positions.The final trading hour...
Crypto Derivatives 101 – Market Breakdown: Who’s Winning the Race?
Crypto derivatives have become the backbone of modern digital asset markets, powering liquidity and risk management for both retail and institutional players. In 2024, derivatives trading volumes dwarfed spot markets, with perpetual swaps alone reaching $58.5 trillion across major centralized exchanges and decentralized platforms posting 138% YoY growth. With institutions now driving over 80% ofSource link
Rice Robotics to Debut RICE Token for AI Data Marketplace on TokenFi Launchpad
Rice Robotics, the company behind the RICE AI platform, said it will start selling its RICE token on Aug. 5 via the TokenFi Launchpad.RICE will power a decentralized data marketplace for AI-powered robots, which is part of a broader effort to tokenize robotics data and scale decentralized physical infrastructure, or DePIN, the Hong Kong-based company said in a release.The $750,000 presale represents 10% of the total 1 billion token supply, with a valuation of $7.5 million. Launch partners include BNB Chain, DWF Labs, and Floki, a memecoin ecosystem with over 700,000 holders and its own tokenization platform, TokenFi.Rice Robotics is known for its indoor autonomous delivery robots, which are deployed at Softbank’s Tokyo headquarters, Mitsui Fudosan’s Tokyo Midtown Yaesu property...
Auradine Shipped $73M Worth of Bitcoin Miners to MARA in H1 2025
MARA received $73.3 million worth of Teraflux Bitcoin miners from Silicon Valley chip startup Auradine during the first half of 2025, according to the company’s latest quarterly filing. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. The amountSource link